Access over 35 million academic & study documents

Financial Needs Of The Business Venture

Content type
User Generated
Subject
Business
Type
Homework
Rating
Showing Page:
1/5

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/5

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/5

Sign up to view the full document!

lock_open Sign Up
End of Preview - Want to read all 5 pages?
Access Now
Unformatted Attachment Preview
Running Head: FINANCIAL NEEDS OF THE BUSINESS VENTURE Financial needs of the business Venture Alysia Leverette Professor: Ali Said Course: FIN 317 Financing Entrepreneurship July 26, 2018 1 FINANCIAL NEEDS OF THE BUSINESS VENTURE 2 The financial start-up needs are crucial instruments for any business that is kicking off. The start-up budget is basically the statement that is prepared to see how much will be invested in the business. This budget is generally a representation of the final expenses of what the business requirements before it can start off. With the poultry butchery business, there are a number of budget items that need to be considered before the business can officially kick off. The business is going to be launched in Kentucky where the main base for production will be stationed. There will need to lease about 20 shops along busy streets in the towns of Kentucky. The spaces will be required along this streets. Since these are prime locations, lease agreements will be costly to procure hence citing for space would be perhaps the most expensive item for the venture. An estimated $50000 will be required in leasing this spaces. The equipment to be used in this business would basically be meat cutters and refrigerators. The venture does not involve heavy and expensive equipment. It would, therefore, be cheaper for the company to acquire them. Some of them would, however, be acquired from second-hand dealers to leverage on the cost of investment. The company wo ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Anonymous
Great study resource, helped me a lot.

Studypool
4.7
Indeed
4.5
Sitejabber
4.4